COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 0722-04
Bill No.: Perfected SCS for SB 301
Subject: Easements and Conveyances; Education, Higher
Type: Original
Date: February 21, 2001
FISCAL SUMMARY
FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
Total Estimated
Net Effect on All State Funds |
$0 | $0 | $0 |
FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
Local Government | $0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 3 pages.
ASSUMPTION
Officials from the Department of Higher Education assume no fiscal impact to their organization.
Officials from the University of Missouri, the Extension Council of Buchanan County, and
Missouri Western State College, in response to a prior version of this proposal, assumed no fiscal impact to their organizations.
Oversight assumes the property is worth approximately $35,000 based on an unofficial estimate from the county assessor's office. The property has not been formally appraised since it has been state-owned for decades. The proposal provides for consideration as negotiated between the parties, which the parties understood to mean no financial compensation. Because there would be no revenue to state funds or expenditures from state funds, Oversight has not shown a fiscal impact to the state.
FISCAL IMPACT - State Government | FY 2002
(10 Mo.) |
FY 2003 | FY 2004 |
$0 | $0 | $0 |
FISCAL IMPACT - Local Government | FY 2002
(10 Mo.) |
FY 2003 | FY 2004 |
$0 | $0 | $0 |
FISCAL IMPACT - Small Business
No direct fiscal impact to small businesses would be expected as a result of this proposal.
DESCRIPTION
This proposal allows Missouri Western State College to convey a parcel of land to the Extension Council of Buchanan County for a consideration to be negotiated by the parties.
This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space.
SOURCES OF INFORMATION
Department of Higher Education
Jeanne Jarrett, CPA
Director
February 21, 2001